7940 Middlepointe Street Dearborn, MI $ 340,000
7940 Middlepointe Street
$ 340,000
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7940 Middlepointe Street

Dearborn, MI, 48126
$ 340,000
Baths3.0 Sq 3,052

Monthly Estimate*

$ 2,260

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Studio

Multi-Family Home for sale in Dearborn, MI

for $340,000 with 3 full baths. This 3,052 square foot home was built in 1942 on a lot size of 0.22.

This multi-family home located in Dearborn's historic Aviation Subdivision and is a promising investment opportunity. Key highlights include: Location: The property is situated in Dearborn's historic Aviation Subdivision. Great Location in the Historic District. Investment Potential: The property can be used for rental units, making it a viable option for real estate investment. Multi-family homes can provide a steady rental income, and this property appears to be in good condition, which is a plus for any investor. Well-Maintained: The fact that the owner has maintained the property well, including solid brick siding and a newer roof, suggests that it may not require immediate, costly renovations or repairs. This is a valuable consideration for potential buyers or investors. Spacious Rooms: The property offers spacious rooms with hardwood floors throughout, which is an attractive feature for renters or buyers looking for comfortable living spaces. Fenced Backyard: The fenced and gated backyard is a bonus for security, privacy, and outdoor activities like barbecues. Convenient Location: Being in the Dearborn School District, close to parks and shopping, adds to the property's appeal. Families with children may find the school district a significant advantage, and the proximity to amenities is a practical benefit. Appraisal: The recent appraisal being above the asking price indicates that the property is potentially undervalued or in high demand. This can be seen as a positive sign for potential investors or buyers. 24 hours notice for all showing requests.

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Multi-Family Active

Price

$ 340,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,782

Style

Bungalow

Lot Size

0.22

Year Built

1942

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

60264312

Features
General
Interior Features Cable/Internet Avail.
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1942
Subdivision OAKMAN AVIATION FIELD NO 1 MI
Water Heater Gas
Style Bungalow
County Wayne
Class MULTIFAMILY
Type Multi-Family
Percent Ownership Private
Municipality Dearborn
Zoning Residential
Structure Style 2 Story
Area Dearborn (82093)
Primary City Dearborn
Directions North on Wyoming. Left on Tireman. Left on Middlepoint.
City Dearborn
School District Dearborn City School District
Street Name Middlepointe
Financial Terms Cash Conventional FHA VA
Legal Description W 1/2 OF LOT 408 & LOT 409 ROBERT OAKMAN LAND COS AVIATION FIELD SUB NO 1
DOM 215
Postal Code 48126
Price Per Sq Ft Total 111.4
Coming Soon
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Interior
Basement Block
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Brick
Frontage 120
Lot Size Area 0.22
Lot Dimensions 80.00X120.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
J P Rue

Listing Agent

Real Estate One-Milford

Broker

perryrue@realestateone.com

Email

Affordability Calculator

$3,075
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,260
Monthly Property Taxes
$815
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759766 Elementary School
760229 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2023$340,000 Listed Price

Map


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7940 Middlepointe Street, Dearborn, MI, 48126 is a Multi-Family Home for sale at $340,000 with 3,052 sqft and a lot size of 0.22. 7940 Middlepointe Street is a studio with 3.0 baths and was built in 1942. The property's zip code is 48126 which is in Dearborn, MI